242 iOCO co-CEOs Rhys Summerton, left, and Dennis Venter A turnaround at IT services group iOCO – previously EOH Holdings – is gathering pace. The group said on Tuesday in a trading…
Category: Business
Fihla snatches top Standard Bank employees to help Absa rise to its former glory
169 Both Moola and Motloung previously served under Fihla during his time as CEO of the CIB division at Standard Bank. It is no secret that when a person delivers excellent work…
Major airline targets South Africa for IT talent
281 Airline group Emirates is offering 200 specialised IT roles to South Africans as part of a global recruitment drive. It said in a statement on Tuesday the jobs covered areas such…
Discover Sport launches as South Africa’s social platform for athletes and fans
257 Discover Sport founder Stephen Watson South Africa has a new social media platform dedicated solely to sport. Called Discover Sport, the platform – launched by the same team that has built…
Nestlé fires CEO for office romance; share price declines
123 ‘This was a necessary decision. Nestlé’s values and governance are strong foundations of our company.’ Swiss multinational food and drink company, Nestlé, has fired its CEO, Laurent Freixe, after an investigation…
Job losses, management shake-up at Huge Group
178 Huge Group, the telecommunications investment company that attempted unsuccessfully to acquire software services company Adapt IT in a hostile takeover, is cutting jobs and restructuring its management team. In a statement…
Silicosis class action payouts hit R2.2bn
216 Over half went to SA mine workers who contracted silicosis, and 42% to former workers from Lesotho. It’s been seven years since the groundbreaking silicosis class action case was settled in favour of…
From Trump to TikTok: how digital platforms bend the rules of politics
171 Digital platforms have become the essential infrastructure of modern life. They power everything from our group chats to businesses, shopping, election campaigns and emergency coordination. They instantly connect us and continuously…
Godongwana and Kganyago bury hatchet over inflation target of 3%
185 South Africans do not have to wonder any more if there will be a new inflation target and when it will kick in. Although it looked as if Finance Minister Enoch…
Engie Kathu CEO steps up to drive South Africa’s independent power agenda
195 Precious Mmabakwena Edward The department of electricity & energy has appointed a new head of the Independent Power Producers Office (IPPO). Precious Mmabakwena Edward, who started on Monday, brings considerable experience…